Hm ... this is the way I create profiles for our presses:
1. make sure the plates are linear, i.e. 10% comes out as 10%, 50% as 50% and so on
2. print a testchart from these linear plates (the testchart contains several color strips, an ECI 2002 chart and test strips for every color from 0% to 100%) and achieve the best Lab-values for your primary colors
3. measure the dot gain in the test strips, compensate accordingly to a standard
4. apply the compensation and make plates again, print again to achieve the same Lab-values of your primary colors
5. measure test strips for dot gain, if satisfactory go to 6 else repeat 3-5
6. measure ECI 2002 chart and create a profile from it - for the proof and as an ICC/Devicelink-profile to convert pictures etc. with
Repeat for every type of paper (coated, uncoated, yellowish, ...) and every ink, every press ... and if you have too much time: for summer/winter, different blankets, every paper you use, different color setups ...
Don't forget to re-linearize your plates once in a while (we do it around once a week and if we have a different batch of plates).
That should be it - the very short version